Commercial, GHG Emissions  -  April 14, 2021

Coalition of 310 Businesses and Investors Urges Climate Action from the White House

The We Mean Business coalition, a collection of 310 businesses and investors, released April 13 alongside Ceres an open letter to President Biden showing support for a federal prioritization of climate action and emissions targets.

The letter urged the administration to adopt a greenhouse gas emissions reduction target of 50% below 2005 levels by 2030 as a way to commit the country to achieve net-zero emissions by 2050.

“The U.S. business community is committed to doing its part to reduce emissions because it is good for the economy and helps us build back better. Companies want to work with the Biden administration toward a better future for all,” María Mendiluce, CEO of the We Mean Business coalition, said in a statement. “I applaud businesses and investors for raising their voices in support of at least halving U.S. emissions by 2030. This is what the climate crisis requires, and will strengthen the country’s competitiveness and create more good jobs.”

The We Mean Business coalition represents over $3 trillion in annual revenue and includes Apple; Ben & Jerry’s Homemade, Inc.; BT Americas; Boston Consulting Group; Burton; the Coca-Cola Company; Danone North America; DSM North America; Edison International; Etsy; Facebook; Gap Inc.; General Electric; Google; H&M; Hewlett Packard Enterprise; HP Inc.; IKEA Retail U.S.; Impossible Foods Inc.; Interface; JLL; Johnson & Johnson; Keap Candles; Kellogg Company; LafargeHolcim; Levi Strauss & Co.; Lyft, Inc.; MARS; Mastercard; McDonald’s Corporation; Microsoft; National Grid; Natura & Co; New Belgium Brewing; Nestlé; Nike; Novozymes North America; Ørsted North America; Ralph Lauren Corporation; Salesforce; SAP SE; Schneider Electric; Seventh Generation; Siemens; Solvay; Starbucks; Stonyfield Organic; Tiffany & Co; Unilever; Verizon; VF Corporation; and Walmart, among others.

The Biden administration is expected to announce its Nationally Determined Contribution to the Paris Agreement, reflecting a 2030 emissions goal, prior to the Leaders Summit on Climate on April 22 and 23.

You can read the full letter sent to President Biden here.

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